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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: OVETUS who wrote (35977)	12/21/2000 9:51:04 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Market in my humble opinion is well ahead of its correction curve a lot more pessimism is built in the market than it is actually going to usher.. economies like US are not paper economies and I don't think that we are all of sudden hit with a block rather it is exactly the kind of slow down we needed, however for CEO or CFO this is a blessing in disguise to build from a lower basis to build expextation anew, I see this very clearly, I think that jan beginning is the year of preannoucements, the market htinks more shall be coming as we are already far more than 280 of the last quarter, now e have 411, for me the market has punished the companies well and we shall see higher targets and better than expected earnings.. after this tax selling and adjustment of rev from .coms premature exit from the scene, I think that just Euro alone would bring a lot of comfort to the earnings we shall be translating at 92 from 85.. a good 8% better in terms of sales.. on the other front I think AG wanted this $ to weaken a little vis a vis Euro, these adusmtents are an important necessity in terms of global trade and exchange rates..I think we will see a higher interest rate enviroment in Europe as a result of higher inflationary pressures and we will see a strong non-inflationary growth in US with a more competitive $, al this set me up for a nice expectations going forward.. 1248 to 1292 is a zone thati s danger zone.. until we get out of it..